Bitcoin is stronger than Ethereum — the flippening will have to wait

When the price of Ethereum broke the $ 400 mark earlier this month, the flippening looked like a sure thing. Pundits were expecting it to soon surpass Bitcoin and become the most valuable cryptocurrency in the process. However, fast forward to today, Ethereum is crashing hard while its rival is still holding well. The price of Ethereum has dropped to around $ 235, bringing its market cap down to around $ 21.9 billion. Meanwhile, Bitcoin is trading for around $ 2330, and its market cap is around $ 38.8 billion. From a difference of less than $ 8 billion in market cap, Bitcoin’s lead has more than doubled in just a couple… [Continue Reading]
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